Ethereum Watch

Advertisements Quick summary: Compound Finance has shaken up the DeFi industry since Coinbase announced it was listing COMP on June 22nd.  The value of COMP has seen tremendous gains in a period of a week from a value of approximately $70 to $345. The quick popularity of Compound Finance has led to the project edging […]

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. Advertisements Source: CoinStats Advertisements This bearish momentum, as always, did influence the way prominent […]

Ethereum is recovering from the $225 support against the US Dollar. ETH price is now trading near the $230 level ad it seems like there are chances of more gains if it breaks the 100 SMA (H4). Advertisements ETH price is slowly gathering pace from the key $225 support area against the US Dollar. It […]

Key Takeaways The price of COMP has increased over 10x since launch, augmenting yields for participants in the protocol Compound gives borrower an edge over MakerDAO, but fundamentals were not the reason for this rally If the price of COMP decreases, the incentives for using Compound will also diminish Whether liquidity mining is a sustainable […]

Advertisements While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its […]

Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeks This weakness has come about as Bitcoin also inches lower Both of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline beneath them would […]

Advertisements The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change? While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as […]

Another week, another round of Crypto Tidbits. Advertisements It’s been a relatively mild week for the Bitcoin market, much unlike previous ones. The cryptocurrency started the week around $9,300 and ended the week right around that level, with BTC changing hands between $8,900 and $9,550 for the past seven days. Each attempt at breaking out of […]

The grand move for the Ethereum blockchain has been approaching and the exchanges in the ecosystem have been providing support for staking ETH. As the community gears up for the release of ETH 2.0, a highly anticipated scalability network upgrade from proof-of-work to proof-of-stake, the upgrade will boost ETH’s performance critical to the network enabling […]

Advertisements Ethereum miners consider increasing the block gas limit, which has both advantages and drawbacks for the network. Ethereum (ETH) miners are currently voting to expand the block gas limit from 10,000,000 to 12,500,000 gas, according to a recent tweet from Bitfly, the parent company of Ethermine pool. What is gas and the gas limit? […]